R. ANDREW DE PASS
CFA is managing director of Citigroup Venture Capital International. Andrew joined Citibank in April 1996 and CVC International in January 1997. Mr. de Pass has completed private equity investments in the telecommunications, media, packaging, and food sectors in Mexico and South America. He is a member of the board of directors of Davidson Media Group, Cablemas S.A. de C.V., Cartones America S.A. de C.V., EMATEC de C.V., and Global Packaging Corporation N.V., and an alternate board of directors member of Cablevision S.A. and Proyeccion Dual. Previous board memberships include Herdez S.A., Pegaso PCS, and Devoto Hnos. S.A. Mr. de Pass was employed at Morgan Stanley from 1989 to 1996, where he held positions in the Mergers, Acquisitions and Restructuring, Corporate Finance, Equity Capital Markets (Hong Kong), and International Equity Derivatives Departments. Mr. de Pass graduated from the Richard Ivey School of Business Administration (London, Ontario) in 1989 and received the designation of Chartered Financial Analyst in 1998.

PETER HANDY
is owner and managing general partner of Star Media Group and is co-managing partner of ASI. He is credited with building Star Media into the largest radio investment banking firm in the world. Peter is considered one of the foremost experts in the media field. Prior to founding Star Media, Peter was vice president, general manager, and partner in Pyramid Broadcasting.

GEORGE KELLY
is the chairman of The CapStreet Group, which he co-founded in 1990. The CapStreet Group manages CapStreet II, LP and CapStreet Parallel, LP middle-market buyout and growth capital funds. Mr. Kelly was senior vice president of Duncan, Cook & Co., a private investment firm in Houston, Texas, from 1985 to 1990 before forming The CapStreet Group. Mr. Kelly currently serves as chairman of the board of directors of Doane Pet Care Enterprise, Inc. and Jackson Products, Inc. and as a director of several privately-held companies.

JEFFREY SCOTT
is a managing director of Black Enterprise/Greenwich Street Corporate Growth Partners. Mr. Scott was previously a vice president with Citigroup Private Equity Investments helping manage nearly $2 billion of committed capital. A technology enthusiast, Mr. Scott has written freelance magazine articles reviewing over 75 computer hardware and software peripherals for leading technology magazines. Mr. Scott graduated magma cum laude with a BBA in Actuarial Science from Harvard University and holds an MBA from Stanford University Graduate School of Business.

PETER DAVIDSON
(President/Founder) is a successful business entrepreneur in the US Hispanic media world. He has founded, operated, and sold three US Hispanic media companies that specialized in newspapers, radio, television, outdoor (out-of-home), and ethnic market research.

Mr. Davidson's first company, El Diario Associates (EDA) purchased the oldest Spanish-language daily newspaper in the US, El Diario/La Prensa, from Gannett, Inc. in 1989. From 1989-1994, Davidson, as President and founder of EDA, turned the newspaper from cash flow negative to positive, increased the circulation from 34,000 per day to 50,000 per day, launched a weekend edition, and sold the company in 1994 to Latin Communications Group, Inc. (LCG).

Mr. Davidson became the president and chairman of LCG and, from 1994-2000, built this company from El Diario into the first truly multimedia (radio, TV, print) Spanish-language media company in the US.

LCG owned and operated 3 Univison television affiliates (Washington, D.C., Tampa, and Orlando) and a 20-station radio group. These AM and FM radio stations were concentrated in such key western markets as San Jose/San Francisco, Los Angeles, Denver, and Albuquerque. Davidson purchased existing Spanish-language radio stations and also converted English stations to Spanish format, including the highly successful creation of the first "rock in español" format in the US, KSSE in Los Angeles. Davidson sold LCG to Entravision in 2000.

In 1997, Davidson co-founded Vista Media, Inc., which became the largest Hispanic-focused out-of-home advertising company in the US with over 10,000 billboards in the Los Angeles and New York markets. When Mr. Davidson purchased the company, less than 30% of the advertising copy was directed towards the Hispanic market. After repositioning and invigorating the sales effort, over 80% of the advertising was Hispanic-focused when the company was sold in 2001.

In 2002, Davidson purchased Cultural Access Group, Inc. (CAG), a leading ethnic market and US Hispanic market research company. CAG provides proprietary and syndicated research on all aspects of the United States' ethnic communities from its headquarters in Los Angeles. Since 2002, CAG's business has increased more than 50% and the company has opened offices in New York, Chicago, and Miami.

In 2004, Davidson saw an opportunity to bring quality radio programming to underdeveloped yet fast-growing Hispanic cities and towns of the Southeastern, Northeastern and Midwestern US. Davidson Media Group, LLC was created in early 2004 and today owns and operates 11 Spanish format radio stations in five states.

Davidson is a graduate of Stanford University and the Harvard University Graduate School of Business Administration.